SEGMENT REPORTING

6 Months Ended

Jun. 30, 2019

SEGMENT REPORTING [Abstract]

SEGMENT REPORTING

Note 13: Segment Reporting

We have four operating (and reportable) segments organized around our principal product lines: Aggregates, Asphalt, Concrete and Calcium. The vast majority of our activities are domestic. We sell a relatively small amount of construction aggregates outside the United States. Our Asphalt and Concrete segments are primarily supplied with their aggregates requirements from our Aggregates segment. These intersegment sales are made at local market prices for the particular grade and quality of product used in the production of asphalt mix and ready-mixed concrete. Management reviews earnings from the product line reporting segments principally at the gross profit level.

segment financial disclosure

	Three Months Ended		Six Months Ended
	June 30		June 30
in thousands	2019	2018	2019	2018
Total Revenues
Aggregates 1	$      1,062,061	$      956,265	$      1,897,026	$   1,655,922
Asphalt 2	247,163	211,828	379,253	315,663
Concrete	103,768	106,723	187,405	207,685
Calcium	2,003	2,282	3,954	4,224
Segment sales	$      1,414,995	$   1,277,098	$      2,467,638	$   2,183,494
Aggregates intersegment sales	(87,313)	(76,947)	(143,445)	(128,869)
Total revenues	$      1,327,682	$   1,200,151	$      2,324,193	$   2,054,625
Gross Profit
Aggregates	$         329,215	$      283,476	$         514,931	$      431,697
Asphalt	27,583	25,750	24,311	25,996
Concrete	12,887	13,191	21,450	23,511
Calcium	817	767	1,485	1,315
Total	$         370,502	$      323,184	$         562,177	$      482,519
Depreciation, Depletion, Accretion
and Amortization (DDA&A)
Aggregates	$           75,760	$        69,738	$         148,281	$      135,691
Asphalt	8,884	7,298	17,434	14,300
Concrete	3,327	3,049	6,291	6,463
Calcium	58	70	118	139
Other	5,468	5,478	10,553	10,479
Total	$           93,497	$        85,633	$         182,677	$      167,072
Identifiable Assets 3
Aggregates			$      9,385,444	$   8,751,186
Asphalt			597,328	625,985
Concrete			299,729	276,743
Calcium			4,042	4,258
Total identifiable assets			$    10,286,543	$   9,658,172
General corporate assets			167,699	125,497
Cash and cash equivalents and restricted cash			26,522	61,115
Total assets			$    10,480,764	$   9,844,784

1	Includes product sales (crushed stone, sand and gravel, sand, and other aggregates), as well as freight & delivery costs that we pass along to our customers, and service revenues (see Note 4) related to aggregates.
2	Includes product sales, as well as service revenues (see Note 4) from our asphalt construction paving business.
3	Certain temporarily idled assets are included within a segment's Identifiable Assets but the associated DDA&A is shown within Other in the DDA&A section above as the related DDA&A is excluded from segment gross profit.